{"id":18887,"date":"2016-03-15T12:38:05","date_gmt":"2016-03-15T17:38:05","guid":{"rendered":"http:\/\/olduvai.ca\/?p=18887"},"modified":"2016-03-15T12:38:05","modified_gmt":"2016-03-15T17:38:05","slug":"growth-is-the-answer-to-everything","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=18887","title":{"rendered":"Growth Is the Answer to Everything"},"content":{"rendered":"
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Growth Is the Answer to Everything<\/a><\/h3>\n

The Solution to Every Problem<\/a><\/p>\n<\/header>\n

\n
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Little Changes Add Up<\/a>
\nRestoring Growth<\/a>
\nFrom Carrot to Stick<\/a>
\nNewport Beach, New York, and an SIC Conference Update<\/a><\/p>\n<\/div>\n

\u201cGrowth is never by mere chance. It is the result of forces working together.\u201d
\n\u2013 James Cash Penney<\/p>\n

\"\"<\/p>\n

In this business we spend a lot of time thinking about problems. What if we could wave a magic wand and make them all go away? Maybe we can.<\/p>\n

The wand isn\u2019t made from wood. You don\u2019t need Latin phrases or a special incantation learned at Hogwarts to make it work, either. It\u2019s a simple six-letter word:\u00a0growth.<\/em>\u00a0Get the economy growing at a decent pace again, and most of our problems will get better.<\/p>\n

Conversely, they\u2019ll only get worse if we stay in slow-growth mode. And don\u2019t even think about what a recession will do to the markets in this environment.<\/p>\n

Fortunately, there are things we can do to bring growth back. We just have to decide to do them.<\/p>\n

<\/a>The Solution to Every Problem\u00a0<\/strong><\/p>\n

A new reader browsing through my archives might get the impression I am a worrywart. In fact, I\u2019m quite optimistic about our future \u2013 but I don\u2019t deny we face serious challenges. My weekly letters are a peek into my ongoing thought process as I wonder how we will tackle those challenges.<\/p>\n

Just in the past few months we\u2019ve looked at problems like\u00a0retirement<\/a>,\u00a0energy prices<\/a>,\u00a0political chaos<\/a>,\u00a0zero interest rates<\/a>,\u00a0negative interest rates<\/a>,\u00a0China\u2019s economy<\/a>,\u00a0terrorism<\/a>,\u00a0unemployment<\/a>,\u00a0inflation<\/a>,\u00a0pensions<\/a>, healthcare<\/a>,\u00a0refugees<\/a>, and the\u00a0Federal Reserve<\/a>. And an overarching theme of many letters has been the very big problem of growing debt. Whew \u2013 so many problems.<\/p>\n

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…click on the above link to read the rest of the article…<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Growth Is the Answer to Everything The Solution to Every Problem Little Changes Add Up Restoring Growth From Carrot to Stick Newport Beach, New York, and an SIC Conference Update \u201cGrowth is never by mere chance. It is the result of forces working together.\u201d \u2013 James Cash Penney In this business we spend a lot […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[130,2488,303,305,391,426,8226,7758,534,12967,1939],"class_list":["post-18887","post","type-post","status-publish","format-standard","hentry","category-economics","tag-china","tag-energy-prices","tag-fed","tag-federal-reserve","tag-growth","tag-inflation","tag-john-mauldin","tag-mauldin-economics","tag-monetary-policy","tag-zero-interest-rates","tag-zirp"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/18887","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18887"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/18887\/revisions"}],"predecessor-version":[{"id":18888,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/18887\/revisions\/18888"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}